Ending a marriage is rarely easy and the outcome of the situation could have a significant impact on the lives of everyone involved. When facing a similar life change, it might not be uncommon for kids to struggle to understand the situation, let alone adjust to it....
Divorce
Keep your finances healthy during divorce
It is understandable to focus on the emotional aspects of one’s divorce. However, you should not overlook a very important element of your breakup that could easily determine the course of your future. That is your finances. You may find it difficult to concentrate on...
Vital topics to address during a gray divorce
Individuals in Minnesota and elsewhere who are facing the end of a marriage may find that there could be a variety of factors that might influence the outcome of the process. For those who are approaching retirement age, there may be certain factors to address that...
Navigating finances in a high asset divorce
Maintaining a strong sense of financial security is important during all periods of life, including those that might be difficult or overwhelming. Divorce is certainly no exception to this. If you are going through a high asset divorce, you may even have additional...
Why is gray divorce rising despite lower divorce rates?
In general, divorce rates have been on the decline in America for quite a few years. There is an exception, though -- baby boomers. The divorce rate for men and women over the age of 50 has actually doubled over the past two decades and does not appear to be slowing...
What retirement looks like for women after divorce
Divorcing close to retirement can significantly impact your plans for the future. However, you might not even realize that there may be more on the line for you simply because you are a woman. Women who have gone through a divorce and are over the age of 65 are...
What divorce looks like after 20 years
Whether weighing a new job option, a big move or other life decision, timing is often everything. The same is true in divorce. The challenges that a couple deals with during divorce are often linked to how many years of marriage they have behind them. What Minnesota...
Financial considerations in a high asset divorce
There are many financial considerations of which one must be aware when going through a divorce. However, there are often additional hurdles when it comes to securing one’s financial position during high asset divorce. With more complicated assets on the line, there...
Considering divorce? Here is how to prepare
When life is stressful, it can also put strain on specific areas of one’s life, such as marriage. However, just because a marriage survived a period of prolonged stress does not mean that it will stand the test of time. If someone’s marriage has endured a difficult...
Watch out for future costs during divorce
Planning for the future is important, but complicated. This is especially true when it comes to thinking about finances after divorce. There are a number of decisions you might face during the divorce process that can affect your future, and how you handle them will...